KIOXIA is trading 8.3% up at $34.61 as investors continue to respond to the company’s recently announced $5 billion share buyback plan and upbeat outlook for AI-driven memory demand.

  • The move extends a strong rally from August 03, 2026, when the stock jumped over 11% following the initial buyback and AI growth commentary.
  • Today’s gains occur amid a broadly positive backdrop for U.S. equities, providing additional momentum for the stock.